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This is a very nice, renovated building near the world famous Santa Cruz Beach Boardwalk. Nine units, all one story, on a decent sized lot. $1,395,000 which is a 12.9 GRM! Very good gross rent multiplier for the area and for the relatively low price point. I’m a big fan of one story apartment buildings

Posted in Bay Area Investment Real Estate ( 2 links from 1 site) by MarioPinedo

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